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Transcontinental Q2 profits surge to $35.6 million on printing sector improvement by The Canadian Press Last Updated Jun 9, 2021 at 11:58 am EDT A TC Transcontinental sign is pictured at the company s annual general meeting in Montreal on March 11, 2014. THE CANADIAN PRESS/Graham Hughes MONTREAL Transcontinental Inc. says its net income attributable to shareholders surged to $35.6 million in the second quarter as its printing sector marked the first organic growth since the beginning of the pandemic. The Montreal-based packaging and printing company says it earned $35.6 million, up nearly 39 per cent from $25.7 million a year earlier. It included $7.5 million from the Canada Emergency Wage Subsidy, down from $8.2 million in the second quarter of 2020. ....
Winnipeg Free Press By: The Canadian Press Save to Read Later MONTREAL - Transcontinental Inc. says its net income attributable to shareholders surged to $35.6 million in the second quarter as its printing sector marked the first organic growth since the beginning of the pandemic. A TC Transcontinental sign is pictured at the company s annual general meeting in Montreal on March 11, 2014. THE CANADIAN PRESS/Graham Hughes MONTREAL - Transcontinental Inc. says its net income attributable to shareholders surged to $35.6 million in the second quarter as its printing sector marked the first organic growth since the beginning of the pandemic. The Montreal-based packaging and printing company says it earned $35.6 million, up nearly 39 per cent from $25.7 million a year earlier. It included $7.5 million from the Canada Emergency Wage Subsidy, down from $8.2 million in the second quarter of 2020. ....
Transcontinental Q2 profits surge to $35.6 million on printing sector improvement - Medicine Hat NewsMedicine Hat News medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.
An improving global economic recovery is boosting confidence and support for equity markets. Yet inflationary pressures are starting to emerge that are stoking investor fears of an earlier-than-expected withdrawal of monetary policy support. So those two forces are offsetting each other and creating more tight trading conditions within the equity space, she said in an interview. A sharp acceleration of inflation in May could fuel elevated uncertainty and volatility as investors would interpret that as potentially prompting the central bank to step in and rein in its accommodative policies. So that s the risk right now in the market and that s why I think you re seeing sort of this sideways trading. ....
MONTREAL, June 01, 2021 (GLOBE NEWSWIRE) TC Transcontinental (TSX: TCL.A TCL.B) announced today the acquisition of BGI Retail Inc., a full service in-store… ....